President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...
President Biden has announced he will block the sale of U.S. Steel to Japanese-owned Nippon Steel, saying the acquisition would “create risk for our national security and our critical supply ...
SO WE’LL BE WATCHING U.S. STEEL’S FUTURE DECISIONS CLOSELY. ROBICHAUX TELLS ME THIS DEAL COULD STILL GO THROUGH IF A COURT OVERTURNS THE DECISION, BU On Friday, President Joe Biden blocked the $14.9 ...
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Hundreds of people gathered at the Clairton plant Thursday to show their support for the sale of U.S. Steel to Nippon Steel in Japan. Steelworkers, community members and local elected leaders ...
WHEN ASKED IF U.S. STEEL CAN REMAIN COMPETITIVE WITHOUT A SALE, MCCALL SAID THIS STEELWORKERS IN AMERICA ARE THE MOST PRODUCTIVE STEEL WORKERS IN THE WORLD, SO WE CAN COMPETE WITH ANYBODY.
Biden said he blocked the $14 billion takeover of U.S. Steel by Japan‘s Nippon Steel on the grounds the sale was a threat to national security. The Edgar Thomson Works in Braddock, Pennsylvania ...
with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. "This acquisition would place one of America's largest steel producers under ...
President Joe Biden on Friday blocked US Steel’s (X) $14 billion sale to Japanese giant Nippon Steel on national security concerns, creating new uncertainty for an iconic American steelmaker.
The move nevertheless enjoyed rare bipartisan agreement, with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. "This acquisition would ...
andrew caballero-reynolds/Agence France-Presse/Getty Images President Biden blocked the sale of U.S. Steel to Japan’s Nippon Steel, fulfilling his pledge to keep the storied steelmaker ...
Good morning. President Joe Biden has decided to block the sale of US Steel to Japan’s Nippon Steel. Take a peek at the 2024 returns of the biggest hedge funds. And Luke Littler goes through to ...